1 / 9

Contact Lenses Market Anlaysis by Arizton

Global contact lenses market revenue to cross $13 bn by 2023

Jessy_Shirl
Download Presentation

Contact Lenses Market Anlaysis by Arizton

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CONTACT LENSES MARKET 2018-2023 PRESENTED BY

  2. CONTENTS MARKET OVERVIEW MARKET DYNAMICS SEGMENTATION GEOGRAPHICAL ANALYSIS TOP TRENDS VENDOR LIST FIND US

  3. MARKET OVERVIEW The global contact lenses marketis anticipated to generate revenues of more than $13 billion by 2023 andexpectedtogrow at a CAGRofover5%by2018- 2023. The introduction of daily disposable lenses that offer multiple advantages will create new business opportunities for the vendors. The growing adoption of lenses for restoring multiple vision dysfunctions including refractive errors such as myopia, hyperopia, astigmatism, and presbyopia will promote market growth. The advent of low-cost manufacturing techniques and the introduction of innovative novel silicone hydrogel-based polymers will revolutionize the market.

  4. MARKET DYNAMICS The growing popularity of color variants for different occasions is further boosting the demand for daily or bi- weekly/monthly lenses. Such demand trends will encourage the leading companies to launch innovative product portfolios such as bifocal contact lens or multifocal contact lenstoattractnewconsumersandexpandtheirbusinessesto new and emerginggeographies. Read theReport

  5. SEGMENTATION Spherical contact lens is largest design segment in the contactlensesmarketoccupyingmorethan73% of total market share in 2017. The leading players in the global market are offering a wide variety of spherical lenses which features specialized technologies that improve optical comfort along with the provision of vision correction. The US accounts for more than 90% of the total sales in North America. Request for aSample

  6. GEOGRAPHICAL ANALYSIS North America dominated the global market accounting for around36% of the total market share in 2017 Factors s uch as well-established healthcare infrastructure, better access to vision c are services, adequate reimbursement services, high affordability to the cosmetic contact lens, and significantly hi g h population density are driving the market in North America. The leading vendors in North America are offering a w ide range o f contact l ens through various distribution channels s uch online a nd retail to g ain a larger contact lenses market share.

  7. TOP TRENDS PRODUCT INNOVATIONS AND ADVENT OF SMART CONTACT LENSES RISE OF E-COMMERCEASPREFERREDDISTRIBUTIONCHANNEL INCREASE INSTRATEGIC AGREEMENTSANDCONSOLIDATIONS SHRINKING USAGE CYCLESANDPREFERENCE FOR DISPOSABILITY enquiry@arizton.com

  8. VENDOR LIST The global contact lenses markethas a very limited number of major players that occupy the predominant market share. The market is oligopolistic in nature a n d has created astrong entry barrier fornew players. KEY V E N D O RS C o o p e r V i s i on Inc N o v a r t i s J o h n s o n & J o h n s on B a u sch & L o mb I n c o r p o r a t ed Read theReport

  9. WHERE TO FIND US! Arizton +1-312-235-2040 Facebook Blog LinkedIn Twitter

More Related